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The company said it is idling the facility due to weak demand and insufficient pricing for the products produced at the ...
The U.S. steelmaker is temporarily closing mining and steelmaking operations south of the border, putting 2,000 people out of ...
Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer, saying Friday that it is being buffeted by ...
Cleveland-Cliffs reported a larger than expected Q1 adjusted loss and an 11% Y/Y decline in revenues to $4.63B, and announced plans to fully or partially idle six steel plants.
Cleveland-Cliffs said in a recent earnings report that between March and May it had made the decision to fully or partially idle six facilities to optimize its footprint, reposition away from loss ...
Now, however, that optimism has taken a major blow. Last week, Cleveland-Cliffs announced it’s abandoning the plans in ...
Ohio-based steelmaker reportedly will idle an EAF melt shop in Pennsylvania and a basic oxygen furnace complex in Illinois.
Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer ... demand and pricing for the products the affected facilities produce, including rail, specialty plate, and ...
Cleveland-Cliffs (CLF) shares tumbled 17% Thursday ... The company said it will "fully or partially idle six facilities to optimize its footprint, reposition away from loss-making operations ...
(AP) — Steelmaker Cleveland-Cliffs will indefinitely idle three steel plants this summer ... and pricing for the products the affected facilities produce, including rail, specialty plate ...
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